CLASS ACTION UPDATE for ANW and GLCNF: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders
Levi & Korsinsky, LLP
Aug. 02, 2018
NEW YORK, Aug. 02, 2018 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court and further details about the cases can be found at the links provided. There is no cost or obligation to you.
Aegean Marine Petroleum Network Inc. (NYSE: ANW) Class Period: April 28, 2016 - June 4, 2018 Lead Plaintiff Deadline: August 6, 2018 Join the action: http://www.zlk.com/pslra-d/aegean-marine-class-action?wire=3
About the lawsuit: Aegean Marine Petroleum Network Inc. allegedly made materially false and/or misleading statements during the class period and/or failed to disclose that: (1) Aegean had improperly accounted for an approximate $200 million of accounts receivable as of December 31, 2017; (2) Aegean failed to maintain effective internal control over financial reporting; and (3) as a result of the foregoing, Defendants’ statements about Aegean’s business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.
To learn more about the ANW class action contact firstname.lastname@example.org.
Glencore plc (OTCMKTS: GLCNF) Class Period: September 30, 2016 - July 2, 2018 Lead Plaintiff Deadline: September 7, 2018 Join the action: http://www.zlk.com/pslra-d/glencore?wire=3
About the lawsuit: Throughout the class period, Glencore plc allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) Glencore’s conduct would subject it to heightened scrutiny by U.S. and foreign government bodies resulting in investigations into the company’s compliance with money laundering and bribery laws, as well as the Foreign Corrupt Practices Act; (2) and as a result, defendants’ statements about Glencore’s business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis at all relevant times.
On May 18, 2018, Bloomberg reported that the U.K.’s Serious Fraud Office was preparing to open a formal bribery investigation into Glencore. Then on July 3, 2018, Glencore disclosed that the U.S. Department of Justice issued its subsidiary a subpoena to produce documents and other records in connection with its compliance with U.S. money laundering statutes and the Foreign Corrupt Practices Act.
To learn more about the GLCNF class action contact email@example.com.
You have until the lead plaintiff deadlines to request the court appoint as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.